Share Buyback – Check below mention information for.
- Upcoming Board meeting for Buyback
- Upcoming Record dates for Buyback (Tender Offer)
- Important dates for Buyback (Tender Offer)
- Important Buyback Information (Tender Offer)
- Shareholding details of buyback Share (Tender Offer)
- Expected Entitlement Ratio for Small Shareholder (Tender Offer)
- Current Buyback through Open Market
1. Upcoming Board Meeting for Buyback
| Company Name | Date |
| Bajaj Consumer Care Ltd | 08-05-2024 |
2. Record Date for Buyback (Tender Offer)
| Company Name | Record Date | Last date to Buy |
| Tips Industries Ltd | 22-04-2024 | 19-04-2024 |
| Anand Rathi Wealth Ltd | TBA | TBA |
| Sharda Motors Industries Ltd | TBA | TBA |
| Ajanta Pharma Ltd | 30-05-2024 | 29-05-2024 |
3. Important dates for Buyback Share (Tender Offer)
| Particular | Board Meeting Date | Buyback Record Date | Issue Open Date | Issue Close Date | Payment Consideration | |
| Tips Industries Ltd | 28-02-2024 | 22-04-2024 | 26-04-24 | 03-05-24 | 10-05-24 | |
| Anand Rathi Wealth Ltd | 12-02-2024 | 29-02-2024 | TBA | TBA | TBA | |
| Sharda Motors Industries Ltd | 18-04-2024 | 26-03-2024 | TBA | TBA | TBA | |
| Ajanta Pharma Ltd | 02-05-2024 | 30-05-2024 | TBA | TBA | TBA |
4. Important Buyback Information (Tender Offer)
| Particular | Buyback Per Share | No of Share | Buyback Amount (Cr) | Whether Postal Ballot | Buyback Postal Ballot Last Date | Promoter Participant |
| Tips Industries ltd | 625 | 5,95,000 | 37.18 Cr | Yes | 04-04-2024 | No |
| Anand Rathi Wealth Ltd | 4,450 | 3,70,000 | 164.65 Cr | Yes | 19-05-2024 | Yes |
| Sharda Motors Industries Ltd | 1,800 | 10,27,777 | 184.99 Cr | Yes | 24-05-2024 | Yes |
| Ajanta Pharma Ltd | 2,770 | 10,28,881 | 285 Cr | No | NA | Yes |
5. Shareholding details of buyback Share (Tender Offer)
| Particular | Shareholding as on | Promoter | FII | DII | Public and Others | Total | Retail Holding < 2 Lakh |
| Tips Industries Ltd | 31-03-2024 | 63.86% | 2.09% | 8.17% | 25.88% | 100.00% | 1,56,56,291 |
| Anand Rathi Wealth Ltd | 31-03-2024 | 48.03% | 4.86% | 8.78% | 38.33% | 100.00% | 65,81,809 |
| Sharda Motors Industries Ltd | 31-03-2024 | 73.20% | 1.55% | 0.42% | 24.83% | 100.00% | 44,61,771 |
| Ajanta Pharma Ltd | 31-03-2024 | 66.21% | 8.54% | 17.49% | 7.76% | 100.00% | 79,49,325 |
6. Expected Entitlement Ratio for Small Shareholder (Tender Offer)
| Particular | Buyback Amount | Buyback Price | No of buyback Share | Share reserve for Small Shareholder | Expected Entitlement Ratio |
| Tips Industries Ltd | 371.88 Cr | 625 | 5,95,000 | 89,250 | 0.57% |
| Anand Rathi Wealth Ltd | 164. 65 Cr | 4,450 | 3,70,000 | 58,127 | 0.89% |
| Sharda Motors Industries Ltd | 184.99 Cr | 1,800 | 10,27,777 | 154,167 | 3.46% |
| Ajanta Pharma Ltd | 285 Cr | 2,770 | 10,28,881 | 1,54,332 | 1.94% |
7. Current Buyback Offer – Open Market Through Stock Exchange
| Particular | Issue Open Date | Issue Close Date | Buyback Per Share |
| NA | NA | NA | NA |
Also See, “Tax Related updates at www.taxhouseindia.com
Disclaimer: As per SEBI norms, Equity Investment are subject to 100% market risks. Refer your financial consultant advice before Investing. This is only for Educational and Learning, Knowledge Purposes.
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